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andre [41]
3 years ago
15

Question 7 of 10

Business
1 answer:
Zanzabum3 years ago
6 0
It’s either C or D...
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Last year, you set aside an advertising budget of $5,000 to place ads in different newspapers, social media platforms, and the l
aleksandrvk [35]

Based on the discount offered and the cost of advertising, your budget variance is <u>$500 </u>and it is a <u>surplus</u>.

<h3>How much do you spend on advertising?</h3>

You need to advertise for 6 months which means that you will pay for two three-month advertising seasons.

The first season will cost $2,000 because of the discount and the second season will cost $2,500. Total cost is:

= 2,000 + 2,500

= $4,500

<h3>What is the Budget surplus?</h3>

= Budget - Amount spent

= 5,000 - 4,500

= $500

Find out more on budget variance at brainly.com/question/25625268.

8 0
3 years ago
Is this statement true or false? If you calculated the value of an ordinary annuity, you could find the value of the correspondi
artcher [175]

Answer:

True

Explanation:

There are two types of annuity, ordinary annuity and annuity due.

The ordinary annuity is calculated as:

Future Value  = Principal \times \frac{(1+ i)^n - 1}{i}

Whereas Future Value of annuity due is calculated as:

Future Value = (1 + i) \times Principal \times \frac{(1+ i)^n - 1}{i}

That is (1+i) \times Future Value of ordinary annuity.

Therefore, the provided statement is true.

4 0
3 years ago
Give a real life example of mitigating a risk, avoiding a risk, transferring a risk and retaining a risk.
nikitadnepr [17]

Explanation:

Let us understand the terms with examples:

Avoiding a risk: A risk which is pre-identified and which would create huge loss for the ongoing task can be avoided.

For example:

If there is a deadline for a project and there are only few more days to complete, then planning a training program on soft skill will be a riskier one. So training program can be planned sometimes later, thus avoiding risk.

Transferring a risk: Normally this will be mentioned in the project contract. If there is an issue and the employees of the company are already filled with work, then the issue can be outsourced so now the risk is transferred.

Retaining a risk: You can retain the risk if the impact is negligible. Absence of a software developer for 10 days. So the Project manager need not worry about finding an alternate person for that 10 days alone, which might lead to less understanding of flow and may raise more errors if multiple resource work on the content.

Mitigating a risk: The risk will be avoided by taking some preventive measures. For example, if a smart board needs to be sold, a sales team cannot give a good demo hence the sale of product percentage is less. So to avoid this, a training can be arranged to sales team so that it will boost up sales. Others who were absent on training, ll sale less but the impact is minimum.

5 0
3 years ago
Factor Co. can produce a unit of product for the following costs: Direct material $ 7.70​ Direct labor 23.70​ Overhead 38.50​ To
vovangra [49]
I would help you but I can’t understand this
8 0
3 years ago
Situation 1: There is a Head of Human Resource (HR) in a recognized Multinational National Company (MNC). You are a marketing ex
Phantasy [73]

Answer:

As a marketing executive of the company looking to beg an emergency leave from a HR person who is considered to be rudy, unfamiliar with me, 45+ age and also that the company is experiencing a lot of turnovers, the best way to approach the HR would be to:

1. Write an official letter to him making the intentions clear.

2. Politely ask him to consider your request even though you two are not very familiar with each other.

3. Stress the importance of the emergency and why you have to leave.

4 0
3 years ago
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